Forward-Looking Statements The information contained in this Presentation includes forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including Aviat's beliefs and expectations regarding outlook, business conditions, new product solutions, customer positioning, future orders, bookings, new contracts, cost structure, profitability in fiscal 2026, its recent acquisitions and acquisition strategy, process improvements, measu ...

Core Viewpoint - Ondas Inc. is experiencing significant growth in its revenue outlook and backlog, driven by strong demand for its autonomy platform and strategic initiatives [3][4][6] Financial Performance - Oppenheimer maintains an "Outperform" rating for Ondas with a raised price target from $12 to $16, reflecting confidence in the company's financial performance [2][6] - The company projects Q4 2025 revenue to be between $27 million and $29 million, a 51% increase from previous guidance [3][6] - For the full year of 2025, Ondas anticipates revenue to range from $47.6 million to $49.6 million, surpassing earlier targets by 23% [3] Backlog and Demand - Ondas' backlog has surged by 180% to $65.3 million, indicating strong demand for its autonomy platform [4][6] - The increased backlog enhances revenue visibility and supports the raised price target [4][6] Stock Performance - The current stock price of ONDS is $12.14, reflecting a decrease of approximately 5.33% [5] - The stock has fluctuated between a low of $12.12 and a high of $14.25 today, with a market capitalization of approximately $4.91 billion [5]

Group 1 - The U.S. International Trade Commission (ITC) voted to initiate a Section 337 investigation into specific wireless communication devices and their components [1] - The companies named as respondents in the investigation include South Korea's LG Electronics, China's Shenzhen Wanpluss Technology Co., Qualcomm Technologies from the U.S., China's TCL Technology Group Corporation, and T-Mobile USA from the U.S. [1]

Financial Results Announcement - Digi International Inc. will release its financial results for the first fiscal quarter of 2026 on February 4, after market close at approximately 4:00 p.m. ET [1] - A conference call will be hosted by CEO Ron Konezny and CFO Jamie Loch on the same day at 5:00 p.m. ET to discuss the results and answer questions [1] Conference Call Details - Participants are encouraged to pre-register for the conference call to obtain the dial-in number and passcode [2] - It is advised for participants to dial in 15 minutes prior to the start time [2] - A live webcast of the conference call will be available through the investor relations section of Digi's website [2] Replay Information - A replay of the conference call will be available approximately two hours after its completion [3] - The replay can be accessed via webcast through the investor relations section of Digi's website and will be available for approximately one year [3] Company Overview - Digi International has been a pioneer in wireless communication since 1985, focusing on connected devices and meeting the needs of users and enterprises [4] - The company has developed M2M and IoT devices, adapting to evolving network standards and optimizing data communications [5] - Digi's IoT offerings include sensor-based solutions and a platform for remotely monitoring device deployments, along with professional design and implementation services [6]

Core Viewpoint - Ondas Holdings Inc. has successfully closed a registered direct offering of 19,000,000 shares of its common stock and pre-funded warrants to purchase up to 41,790,274 shares of common stock to an institutional investor [1] Group 1 - The offering included Common Stock Equivalents, which were sold with a common stock warrant to purchase two shares of common stock for each Common Stock Equivalent [1]

Core Insights - Ceragon expects fourth quarter revenue to be between $81 million and $83 million, impacted by a deferral of deliveries from a large North American customer into 2026 [1][2] - For 2026, Ceragon projects annual revenue between $355 million and $385 million, driven by growth opportunities in North America and India, as well as new product introductions [1][2] Financial Outlook - Fourth quarter revenue guidance is set at $81 to $83 million due to deferred deliveries [1] - 2026 revenue forecast is between $355 million and $385 million, indicating a strategic focus on growth and consistency [1][2] Customer and Market Dynamics - A large North American customer deferred scheduled deliveries, but no order cancellations are expected, leading to an increase in backlog [2] - Bookings in North America remained strong, with backlog nearly doubling compared to the end of 2024 [2] Strategic Initiatives - The company aims to build a more resilient and diversified growth profile through product development and geographic focus [2] - Ceragon is focusing on expanding opportunities in private networks and aligning new products with customer needs [2]

Core Viewpoint - Guanghe Tong (300638) has seen a near 4% increase in stock price, reflecting positive market sentiment following its participation in the 2025 Guangdong-Hong Kong-Macao Greater Bay Area AI Hardware Carnival, where it showcased its comprehensive AI capabilities [1] Group 1: Company Performance - As of the latest report, Guanghe Tong's stock price is at 15.74 HKD with a trading volume of 26.12 million HKD [1] - The company is recognized as a global leader in wireless communication and AI solutions, highlighting its robust AI stack capabilities that support the large-scale implementation of AI hardware [1] Group 2: Market Trends and Future Outlook - Short-term demand for the company's overseas Fixed Wireless Access (FWA) and IoT businesses is expected to remain strong, with an anticipated improvement in shipment structure leading to stable recovery in profitability [1] - Long-term trends indicate a shift of AI computing from cloud to edge, positioning the company to capitalize on new opportunities in the edge computing market, particularly in sectors like AIPC and outdoor robotics, which are expected to contribute to future revenue growth [1]

Core Viewpoint - The article emphasizes the transformative impact of NearLink technology in the wireless short-range communication sector, highlighting its role in enhancing connectivity across various applications, including smart homes, consumer electronics, and automotive electronics [1][3]. Group 1: Technological Advancements - In March 2025, the International NearLink Alliance released the 2.0 standard, which includes new core specifications for audio transmission and integrated sensing, establishing a comprehensive end-to-end protocol system [4]. - The technology boasts a low latency of 0.25 milliseconds, which is 1/30 of traditional technologies, and a transmission rate of 12 Mbps, enabling lossless audio transmission and improved performance in interference-prone environments [5][4]. - The release of two national standards in December 2025 marks a significant advancement in the NearLink technology standard system, promoting the standardized development and large-scale application of the new generation of wireless short-range communication [4]. Group 2: Ecosystem Expansion - NearLink has achieved a shipment of over 100 million devices by September 2025, validating its commercial value, with over 1,200 alliance members and more than 600 commercial products [2][7]. - The ecosystem is supported by over 300 chip module development boards, facilitating the integration of NearLink technology into various consumer products, thus enhancing user experience across multiple categories [7]. - The collaboration with over 100 developer partners, along with the provision of SDKs and development tools, has lowered the barriers for product development and fostered a positive feedback loop of industry growth and innovation [7]. Group 3: Application in Smart Homes - NearLink technology has entered a phase of product proliferation and commercial explosion in the smart home sector, with a range of devices including smart TVs, air conditioners, and routers leveraging its capabilities [13]. - The integration of NearLink in smart TVs has addressed traditional pain points such as imprecise operation and lag, enhancing user interaction and earning innovation awards [14]. - The smart air conditioning solutions utilizing NearLink technology provide personalized comfort by accurately sensing human presence, setting a benchmark for the industry [16]. Group 4: Application in Consumer Electronics - NearLink is driving innovation in wireless audio, wearable devices, and peripherals, enhancing user experience through high bandwidth and low latency [21]. - The audio solution developed with NearLink technology supports high-definition audio transmission and significantly improves connection stability and interference resistance [22]. - The introduction of NearLink in wearable devices, such as the Huawei WATCH 5, enhances interaction capabilities and integrates seamlessly with smart home devices [24]. Group 5: Application in Automotive Electronics - NearLink technology addresses key pain points in automotive wireless connectivity, enhancing precision and reliability in user interactions [32]. - The digital key solution utilizing NearLink technology significantly improves location accuracy and connection stability, gaining traction among major automotive manufacturers [33]. - The integration of NearLink in vehicle remote controls enhances user experience by providing precise and responsive control in dynamic environments [35]. Group 6: Future Outlook - The focus for NearLink in 2026 will be on transitioning from consumer-level applications to industrial-level scenarios, emphasizing the dual collaboration of technology capability and ecosystem facilitation [39]. - The strategy includes deepening user experience in existing sectors while expanding into new industrial applications, ensuring that NearLink evolves into a foundational technology for the Internet of Things [41][42].

Core Viewpoint - The article emphasizes that transformative technologies, like the new wireless short-range communication technology "Star Flash," often become essential infrastructure that is taken for granted rather than being constantly highlighted as groundbreaking innovations [1][3]. Group 1: Technology Evolution - The development of Star Flash follows a clear industrial evolution path, marked by the establishment of the International Star Flash Alliance in September 2020, its commercial launch in 2023, and the release of the Star Flash 2.0 standard in March 2025 [5]. - Star Flash's approach is characterized by a "slow start, heavy standards, and later explosion" strategy, allowing it to bridge gaps between devices and systems in the AI-driven digital transformation wave [5][12]. Group 2: Standardization and Industry Consensus - The competition in wireless short-range communication is fundamentally a competition at the standards level, focusing on how devices can collaborate under a unified set of rules [7][9]. - The release of the Star Flash 2.0 standard signifies a critical industrial leap, integrating key capabilities into a standardized framework that can be reused across various scenarios [16][17]. Group 3: Ecosystem Development - As of 2025, Star Flash has crossed the critical threshold of 100 million devices, indicating its transition from a validated technology solution to a widely adopted connectivity foundation across multiple sectors [21][22]. - The Star Flash ecosystem has attracted over 1,200 partners since the establishment of the International Star Flash Alliance, forming a complete collaborative network that includes chips, modules, terminals, and applications [19]. Group 4: Application Scenarios - In smart home scenarios, Star Flash enhances the integration of appliances, enabling precise control and interaction, as demonstrated by products like the Haier air conditioner that utilizes Star Flash's capabilities for improved user experience [23]. - In the consumer electronics sector, Star Flash 2.0 provides a stable wireless audio experience, allowing high bitrate and low-latency audio transmission, as seen in products like Huawei's FreeBuds Pro 5 [25]. - In the automotive industry, Star Flash is reshaping core interaction scenarios, with over 50 vehicle models adopting the Star Flash digital key technology, showcasing its broad applicability [29]. Group 5: Future Prospects - The combination of Star Flash and open-source HarmonyOS is seen as a critical step towards building a new generation of interconnected systems, enhancing both connectivity and system-level collaboration [35][37]. - The integration of Star Flash with HarmonyOS allows for seamless interaction across diverse devices, paving the way for a more interconnected and intelligent ecosystem [38].

Company Overview - Ondas Holdings Inc. (NASDAQ:ONDS) specializes in wireless communication and drone solutions, including AI-powered drones and secure connectivity platforms [1] - The company recently completed the acquisition of Roboteam Ltd., a provider of tactical unmanned ground vehicles (UGVs) used for various military and security operations [1] Acquisition Details - The acquisition of Roboteam Ltd. enhances Ondas Holdings' capabilities in delivering integrated autonomous solutions, improving mission effectiveness and operator safety [1] - Roboteam's UGVs are utilized by military and security forces in over 30 countries, including the U.S. Marine Corps and the Israeli Ministry of Defense [1] Market Perspective - The CEO of Ondas Holdings, Eric Brock, emphasized the strategic value of Roboteam's established relationships with defense customers and its strong engineering culture [1] - Despite the potential of Ondas Holdings as an investment, there are opinions suggesting that other AI stocks may offer greater upside potential with less downside risk [1]